Award

Targeted Review on Investor Motives and Behaviours: Drivers and Implications

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

17 May 2018 at 14:15

Award Notice
Award

18 Apr 2018 at 15:37

Award Notice
Summary of the contracting process

The WATER SERVICES REGULATION AUTHORITY is currently managing a procurement process titled "Targeted Review on Investor Motives and Behaviours: Drivers and Implications". This initiative falls under the category of business and management consultancy services and is located in the West Midlands, England. The procurement method employed is selective, being a call-off from a framework agreement. The tender was active until 20th February 2018, with contracts starting on 26th February 2018 and ending on 29th March 2018. The awarded contract was valued at £29,225.

This tender presents an opportunity for consultancy firms, particularly those with expertise in equity investment and regulated utilities, to grow their business by engaging in research that informs regulatory strategies within the water sector. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate, as this work necessitates a nuanced understanding of investor behaviour and its implications for management practices and customer interests. Firms well-versed in economic regulation will find this procurement process particularly relevant to their capabilities.

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Notice Information

Notice Title

Targeted Review on Investor Motives and Behaviours: Drivers and Implications

Notice Description

This targeted review will need to provide an overview of how equity investment in water (including wastewater) companies can contribute to the delivery of the proper carrying out of companies' functions, including how equity investment can align with the interests of customers. Our regulatory strategy and approach to economic regulation aligns interests of investors and management with customers. The purpose of this study is provide insight into equity investors and the role that they play and how this is linked to behaviour and actions of management and the implications for customers. Specifically we would like the following Key Questions answered: How can equity investment in the water sector contribute to the delivery of the functions of water and wastewater companies? In particular, how can equity best (1) drive the correct management behaviours; (2) ensure that businesses can withstand shocks; (3) contribute any other elements to the delivery of a resilient water business? What are the characteristics of equity that shape these key contributions? For example, how are the outcomes for the business affected by the size of the equity piece; the diversity of equity investors; different types of equity investors (nature of funds, focus of overall portfolio, etc.), and any other relevant characteristics? In practice, what factors (including capital/ownership structure) hinder or improve the functions of equity and the outcomes for customers? Recommendations for any amendment to these Questions should aim to enhance Ofwat's understanding of investment motivations and likely behaviours in the infrastructure space. Costings should be provided separately for additional queries, if appropriate. Scope of Work The scope of this work includes assessing academic and other literature on investors' motivations and behaviours with a particular focus on regulated utilities particularly water and wastewater companies. The scope also includes an analysis of the theory translates into practice and the real world challenges the theory confronts. The targeted review needs to consider and report on the specific questions set out in this ITT under section 3 - Objectives, relating to equity investor behaviours, motivations and how this impacts on companies' financial resilience and managements actions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-02d96f25-173a-4d41-81b5-e0de52d33b5e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0eba0a0b-2c02-43b6-8cb3-49051f79e174
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£29,225 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 May 20187 years ago
Submission Deadline
20 Feb 2018Expired
Future Notice Date
Not specified
Award Date
23 Feb 20188 years ago
Contract Period
26 Feb 2018 - 31 Mar 2018 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WATER SERVICES REGULATION AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

EUROPE ECONOMICS

Further Information

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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